TeliaSonera completes procurement plan for year´s consulting

2003-01-13

TeliaSonera completes procurement plan for year's consulting

To cover its requirements of management and development of applicationsand infrastructure services, TeliaSonera has completed its procurementplan for the new year. Last year, around 70 different nominatedIT/Telecom suppliers were contracted. For 2003, the objective was tosharply reduce the number of suppliers. The number that TeliaSonera willsign contracts with in 2003 has been limited to just over 20.

In addition to reducing the number of suppliers, other aims adopted for2003 are to be able to limit the Group's purchasing to those selectedand to cut down on the percentage of hourly-rate based resourcespurchased. Instead, TeliaSonera is concentrating on procurement ofdefined projects and studies at fixed prices. This restricts theexposure to risk and offers better control of costs.

TeliaSonera is the telecommunications leader in the Nordic region.The Group's home market is the Nordic and Baltic regions.TeliaSonera´s overall focus is on best serving its customers inits core business and creating value for its shareholders throughstronger profits and cash flows. TeliaSonera is listed onStockholmsbörsen, Helsinki Exchange and NASDAQ. Pro forma sales asper December 31, 2001 totalled 80.9 billion SEK and the number ofemployees as per June 30, 2002 was 30 045.

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